Boehner: Dems’ Financial Reform Would Create ‘Politburo-Style’ Council

Lauren Victoria Burke/WDCPIX.COM
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On the floor of the House today, House Minority Leader John Boehner (R-OH) said that health care reform had left Democrats with a “credibility gap,” and criticized his opponents for “rushing a job-killing regulatory bill with promises that it will end Wall St. bailouts.”Boehner added:

The bill doesn’t end Wall St. bailouts, it makes them permanent, and institutionalizes ‘too big to fail.’ This bill doesn’t get the government out of the private sector, it creates a ‘politburo-style’ council of regulators who can seize any business and do almost anything they want to do with it.

Sound familiar?

ABOUT THE AUTHOR

Eric Lach is a reporter for TPM. From 2010 to 2011, he was a news writer in charge of the website?s front page. He has previously written for The Daily, NewYorker.com, GlobalPost and other publications. He can be reached at ericl@talkingpointsmemo.com

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